Swiss municipality Zermatt to accept bitcoin for taxes and transactions

Zermatt, a municipality in Switzerland and popular tourist resort, in cooperation with Bitcoin Suisse; announced today that it will accept bitcoin (BTC) as a means of payment. This applies to taxes and official transactions with immediate effect.

Bitcoin Suisse has installed a point-of-sale (POS) solution in the Zermatt town hall so fees for services from local authorities can be paid in bitcoin. In addition to having access to a POS device in the Zermatt town hall, taxpayers will also be able to pay their taxes at a communal level using bitcoin.

Bitcoin is spreading like wild fire and many are keying into the trend. The era of cryptocurrency is here and the fiat currencies are trembling. As of now, there are many cryptocurrencies in the crypto space and many more might still come in.